An 18% slide since the 12th of October 2015 on solid volume. The selling has been relentless today - I'm not sure why off screen buyers were bothering stepping up to the 0.45 "all you can eat" plate when they could be hanging back waiting for what seems the inevitable fall to 0.40.
You'd have to think something is up behind the scenes, either legal dispute or an equity raising to eliminate some debt. The ASX don't even bother any more.
A quarter of earnings now completed but no indication as to progress - will we have to wait for the AGM? Big cash hungry management team down at Freo according to the website but they don't seem to be capable of winning new work nor having any success flogging old floating metal.
Pretty sad when you can't justify a buy on this stock when its at a paltry 0.445...............
An 18% slide since the 12th of October 2015 on solid volume. The...
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Last
$2.62 |
Change
-0.010(0.38%) |
Mkt cap ! $993.0M | |||
| Open | High | Low | Value | Volume |
| $2.63 | $2.64 | $2.60 | $11.61M | 4.428M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 22376 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 779808 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MRM (ASX) Chart |